Over the course of the past week or so, Now Corporation (OTC: NWPN) has been in significant focus among investors, and it would be interesting to see if it stays on focus this week. As it happens, the company was in the news cycle last Friday after it made an announcement with regards to its subsidiary unit Green Rain Solar Inc.
Green Rain News
The company, which is involved in disruptive and sustainable technologies, announced that Green Rain had been selected to oversee the installation of an advanced EV (electric vehicle) charging infrastructure. The project in question would be in Carson, California. In the news release, it was also noted that the project would involve the installation of a trio of EV chargers of higher capacity. It was also noted that the project would also be a demonstration of the commitment of Green Rain in supporting the growth of electric powered mobility.
Further Details
The charging station would also be equipped with advanced DC fast chargers that would be able to provide 200 kW of power. The higher capacity would make rapid charging of electric vehicles a possibility and help reduce the downtime for drivers. It remains to be seen if the Now Corporation stock gets any action today.
